Quote from: suchmoon on August 23, 2018, 11:51:45 PM

Says someone who jumped in on page 6 Grin

You gotta do what you gotta do. Cool

Quote from: suchmoon on August 23, 2018, 11:51:45 PM

But yeah considering that a one-post newbie started the thread and vanished without following up with proof, this is starting to look like a nothingburger.

Honestly speaking, the way things were said and the claims and allegations OP had bought in, and with those links and what not, made it seem really bad, and when the amount was that big, it seemed too sketchy, thankfully, the real truth was out, before things got worse, and this accusation will just remain at that, and nothing beyond that.

Edit:

Quote from: OgNasty on August 23, 2018, 11:57:29 PM

Nice that you got some answers. I saw a publicly stated escrow address that was empty. Users complaining to me of a scam. Lauda refusing to say where the funds were, refusing to give exchange rate data, refusing to let someone audit the situation, and ignoring questions. I still don't understand why a simple timeline of events can't be provided. You would think it would be fun to provide all this data.

The funds were moved from that address to another address, which is also one of the multi-sig address, it wasn't disclosed but is definitely viewable on blockchain. This is the address: https://www.blockchain.com/btc/address/36Uh2ine6UzWGPTDYdENqS6pj6Rzx4Q67R

The timeline is pretty simple:

-> NVO escrow terms were agreed before the BCH existed, and were different than the original CET terms.
-> The ICO raised around 3000 BTC, the alts weren't converted immediately. Some were, some still are/were recently converted.
-> There were issues while converting, due to investors lack of due diligence(quoting Lauda's exact words).
-> Fast forward to June(?), some shit happened(didn't read or get enough or any info on that) and it resulted in a vote, whether or not the investors should be refunded or not.
-> Vote is still going on, and if it results in a refund, they will be taken care of by Lauda and team.

Quote from: OgNasty on August 23, 2018, 11:57:29 PM

I believe it is safe to say the escrow was at the very least mishandled and funds should have never moved from the escrow address (I still have no idea why they did or where they went. I read to an exchange managed by a single person?) without a transparent transfer to another address and updated signatures. The blockchain was created exactly so situations like this don't happen. It is disappointing to see this level of transparency.

From what I can tell, only the alts were moved to an exchange, and most of the bitcoin stayed there only. Some bitcoins were sent to bittrex, and I don't know what happened to that. There's still more than 1000 btc in the escrow address ,plus forks.